Adtalem Global Education Inc. $ATGE Shares Sold by Boston Partners

Boston Partners reduced its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 34.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 283,441 shares of the company's stock after selling 151,619 shares during the period. Boston Partners owned approximately 0.76% of Adtalem Global Education worth $35,563,000 at the end of the most recent reporting period.

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A number of other large investors have also made changes to their positions in ATGE. Goldman Sachs Group Inc. boosted its holdings in Adtalem Global Education by 124.3% during the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company's stock worth $70,350,000 after buying an additional 387,330 shares in the last quarter. Northern Trust Corp lifted its position in shares of Adtalem Global Education by 8.0% during the 1st quarter. Northern Trust Corp now owns 511,966 shares of the company's stock valued at $51,524,000 after acquiring an additional 37,742 shares during the period. Invesco Ltd. lifted its position in shares of Adtalem Global Education by 13.3% during the 1st quarter. Invesco Ltd. now owns 442,945 shares of the company's stock valued at $44,578,000 after acquiring an additional 52,013 shares during the period. Allianz Asset Management GmbH boosted its stake in shares of Adtalem Global Education by 58.2% during the 1st quarter. Allianz Asset Management GmbH now owns 409,437 shares of the company's stock worth $41,206,000 after acquiring an additional 150,702 shares in the last quarter. Finally, Lord Abbett & CO. LLC acquired a new stake in shares of Adtalem Global Education in the 1st quarter worth approximately $40,829,000. Hedge funds and other institutional investors own 98.84% of the company's stock.

Insider Activity at Adtalem Global Education

In related news, Director Kenneth J. Phelan bought 508 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average cost of $98.29 per share, for a total transaction of $49,931.32. Following the completion of the acquisition, the director owned 18,783 shares in the company, valued at $1,846,181.07. This trade represents a 2.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lisa W. Wardell sold 25,477 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the transaction, the director directly owned 43,451 shares of the company's stock, valued at $5,752,043.38. This trade represents a 36.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 57,713 shares of company stock worth $7,702,094. 2.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on ATGE. Wall Street Zen downgraded Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 20th. Robert W. Baird set a $163.00 price objective on shares of Adtalem Global Education in a research report on Friday, October 31st. Zacks Research downgraded shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Barrington Research restated an "outperform" rating and set a $170.00 target price on shares of Adtalem Global Education in a research report on Friday, October 31st. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $158.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $156.50.

Get Our Latest Stock Report on Adtalem Global Education

Adtalem Global Education Trading Up 0.4%

Shares of ATGE opened at $96.91 on Thursday. Adtalem Global Education Inc. has a fifty-two week low of $83.70 and a fifty-two week high of $156.26. The company has a market capitalization of $3.52 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. The stock has a fifty day moving average of $136.30 and a two-hundred day moving average of $128.05. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.82 and a current ratio of 0.82.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.18. The business had revenue of $462.29 million for the quarter, compared to analysts' expectations of $452.30 million. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.The business's revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.29 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. As a group, analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Adtalem Global Education Company Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.

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